Give me a $ROSE for this Post-Val'ntine ;p
ROSE :One of the best charts that I worked in terms of Analysis.
Not to deny the fact that It may go completely wrong ;p but still IMO :
Scenario 1 :
It might try to break the Minor resistance line just to get rejected to reach 0.0 Lvl (0.18$) - where Imma eyeing to enter (Spot).
Scenario 2 :
It might try to break the Minor resistance line & further move up towards 0.618 Lvl (0.41$) where it may see an Oversold positions
& hence leading to 0.0Lvl (0.18$).
IMO :
ROSE may complete its Parabolic Step cure Trend after forming an ATH around 0.75$ by what it means is it should have completed smaller parabolas (which is what is shown in the chart).
Happy trading.,
Not a financial advice.
Trade closed: target reached
Now., Eyeing for the Blue dot then it might form a Cup as mentioned Cheers
Note
Chart is beautifully set up as predicted.0.18$ is the perfect buy zone - Spot alone
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.